Sales tax rates have been revised for imported mobile phones. The new tax rates will also apply on local supply as well as registration of IMEI.
(more…)Author: Mrs. Anjum Shahnawaz
-
SBP’s forex reserves deplete by $265 million
SBP’s forex reserves have depleted by $265 million to reach $6.636 billion, according to official data released on Thursday.
(more…) -
Stock market remains buoyant on reform package
Stock market has remained buoyant on reform package and made notable gain of 231 points to reach 40,289 points.
(more…) -
PM directs FBR, FIA to stop harassment in amnesty scheme cases
Prime Minister Imran Khan has taken a decisive step to ensure that businessmen who availed the income tax amnesty scheme and fulfilled all codal formalities are not subjected to harassment.
(more…) -
Finance Supplementary Bill: Major changes introduced to income tax
-
Finance Supplementary Bill: FBR issues salient features of sales tax and federal excise duty
-
Finance Supplementary Bill: FBR issues salient features of customs duty regime
The FBR released crucial details on Thursday regarding the transformative changes brought to the Customs duty regime through the Finance Supplementary (Second Amendment) Bill, 2019, which was presented on January 23, 2019. These modifications are poised to impact various sectors and streamline the country’s trade policies.
(more…) -
Reduced income tax rate of Rs5,000 for marriage halls
Reduced income tax rate of Rs5,000 for marriage halls has been announced by the government in a move aimed at providing relief to individuals.
(more…) -
Only non-filers to pay withholding tax on cash, non-cash banking transactions
Pakistan has decided that only non-filers of income tax returns will pay withholding tax on cash and non-cash banking transactions.
(more…) -
New withholding tax card for imported mobile phones proposed
New withholding tax card has been prompted for imported mobile phones with the aim to standardize tax obligations by importers.
(more…)